|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||114.56 - 116.19|
|52 Week Range||102.55 - 133.88|
|PE Ratio (TTM)||23.79|
|Earnings Date||Apr 26, 2018 - Apr 30, 2018|
|Forward Dividend & Yield||4.48 (3.88%)|
|1y Target Est||135.26|
U.S. output rose by 12,000 barrels per day last week to nearly 10.4 million barrels per day - the most since the EIA started maintaining weekly data in 1983.
The Dow traversed a difficult week, declining over three consecutive trading sessions.
Chevron (CVX) is the seventh dividend-yielding stock on our list of top eight stocks. Chevron’s dividend yield currently stands at 3.7%. In 1Q18, Chevron has announced a dividend of $1.12 per share, which was announced on January 31, 2018, and paid on March 12, 2018.
Investors seeking to preserve capital in a volatile environment might consider large-cap stocks such as Chevron Corporation (NYSE:CVX) a safer option. Big corporations are much sought after by risk-averse investorsRead More...
Investors looking for a multi-factor exchange traded fund that leans toward the quality factor can consider the FlexShares US Quality Large Cap Index Fund (NasdaqGM: QLC). QLC selects and weights companies ...
Venezuela's crude exports to the United States declined in February to a 15-year low as oil production continues falling and President Donald Trump's administration weighs new sanctions on the OPEC country, according to Thomson Reuters data. Financial sanctions imposed by the United States in August on Venezuela and state-run oil firm PDVSA have created obstacles for selling crude cargoes to U.S. refiners, shrinking the number of customers PDVSA has in the U.S.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting CVX. Over the last month, growth of ETFs holding CVX is favorable, with net inflows of $16.34 billion.
ExxonMobil (XOM) stock is covered by 24 Wall Street analysts. Seven of them (or 29%) have given the stock a “buy” or “strong buy” recommendation. The remaining five (or 21%) have recommended a “sell” or “strong sell.” ExxonMobil’s mean target price of $86 per share implies a 16% gain from the current level.
Oil futures reversed earlier losses Wednesday despite official government data showing domestic inventories rose more sharply than expected as the U.S. shale industry continues to flourish.
Strong portfolio of upstream projects, positive free cash flow and positive earnings estimate revisions make BP a compelling buy apart from being undervalued.
U.S. oil production topped 10 million barrels per day earlier this year, approaching a record set in 1970, but until recently many investors in the shale oil revolution were still waiting for their payday. Since the beginning of year, 11 companies have promised buybacks, with six alone in the past three weeks including Devon Energy (DVN.N), Hess Corp (HES.N) and Noble Energy Inc (NBL.N). The United States' second largest producer Chevron Corp (CVX.N) also weighed in last week, hinting it would start buying back shares if it produced stronger cash flow in 2018.
Considering the addition to plant, property, and equipment and the dividend payments, XOM’s cumulative cash outflows were $28.4 billion in 2017. ExxonMobil’s cash flow surplus, when measured as a percentage of cash from operations, was 6% in 2017.
Its cash outflow from investing stood at $8 billion in 2017 compared to $30.9 billion in 2016, which included costs related to the BG Group acquisition. Also, in 2017, cash outflows from financing were $26.4 billion due to net debt outflows and dividend outflows. In 2017, Shell generated $35.7 billion in cash from operations but had a cash outflow of $20.8 billion in the form of capital expenditure and $10.9 billion in the form of dividends, amounting to a total of $31.7 billion of cash outflow.
Alan Valdes, director of floor operations at Silverbear Capital, joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.